Loan Officer Position in Los Angeles Available for Recent Grads

August 26, 2011, 9:28 am

Nonprofit Finance Fund is currently hiring a Loan Officer in our Los Angeles office. Here is the job description:

Position Description

The Loan Officer will develop leads, underwrite loans and provide technical assistance to nonprofits as an integral part of the Nonprofit Sustainability and Effectiveness Initiative serving nonprofit organizations across the greater Los Angeles area. This role requires strong analytical and credit skills and resourceful partnership development to increase access to capital for nonprofits in this market. This is a grant funded position with a term of two years. Extension of that term will be contingent upon additional or continued funding.

Essential Duties and Responsibilities:

Lending Management – Help nonprofits secure loans up to $2 million (average $800,000) for everything from small equipment and working capital to major capital projects. Support organizations through all stages of the lending process, including: origination/outreach, assisting with applications, analyzing and underwriting loans, presenting proposals to loan committees, The Loan Officer will also review loan documents and participate in loan closings.

Business Development – Cultivate relationships with banks and other local financial intermediaries. Represent NFF in public forums, facilitate community outreach efforts, and build referral networks.